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Suppose the Aggregate Consumption Function Is Given by C =

question 126

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Suppose the aggregate consumption function is given by C = 1 000 + 0.75YD,where C is consumption and YD is disposable income.If disposable income increases by $100,aggregate consumption will increase by _____ and autonomous consumption _____.


Definitions:

Face-To-Face Meetings

In-person gatherings where participants interact directly, enhancing communication and relationship-building.

Text Messaging

The act of sending brief written messages between mobile phones or other devices, using a networked messaging system.

Electronic Mail

A method of exchanging digital messages over the Internet, commonly known as email.

Monitor

To observe and check the progress or quality of something over a period of time; to keep under systematic review.

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